Title 24-A, §9: "Transacting insurance" defined

§9. "Transacting insurance" defined

In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means: [1969, c. 132, §1 (NEW).]

1. Solicitation or inducement;

[ 1969, c. 132, §1 (NEW) .]

2. Negotiations;

[ 1969, c. 132, §1 (NEW) .]

3. Effectuation of a contract of insurance;

[ 1969, c. 132, §1 (NEW) .]

4. Transaction of matters subsequent to effectuation and arising out of such a contract.

[ 1969, c. 132, §1 (NEW) .]

SECTION HISTORY

1969, c. 132, §1 (NEW).

Maine Revised Statutes

§9. "Transacting insurance" defined

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